Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “The ongoing shift from Analog to Digital”

Actually, I saw an interesting short article the other day (where? I have no idea–the joys of middle age). It noted that while the major lables are steadily losing sales and blaming it on P2P, indie labels are growing like mad. Rounder, the largest indie label, I believe, said their sales were up something like 80% last year (I’m not sure, but it was a very impressive figure). Others were clocking in with sales increases of 40% to over 100%.

Technology is not the problem. The major labels have just become terrible at the music business, from signing and fleecing new acts all the way down the supply chain. But like big business in general, they’ll create enough of a stink to stay afloat and make trouble for their bogus ‘enemies’ like P2P software makers.

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About Barry Ritholtz

Ritholtz has been observing capital markets with a critical eye for 20 years. With a background in math & sciences and a law school degree, he is not your typical Wall St. persona. He left Law for Finance, working as a trader, researcher and strategist before graduating to asset managementRead More...

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